The question is whether Brexit Britain is ready to hear them from another foreign Bank of England governor. That would start with his appointment, according to DavidBlanchflower, an economics professor at Dartmouth College and a former Bank of England policy maker. The other top candidates for the job, including front-runner Andrew Bailey, already work at the bank or financial regulator. He remained for just one three-year term running India’s central bank after heavy criticism from segments of the government for offering opinions on matters unrelated to monetary policy. Those political antennae will be vital to navigate Brexit, according to Arvind Mayaram, who was the top bureaucrat in the Indian Finance Ministry while Rajan was central bank governor.

Source: Hindustan Times June 12, 2019 07:23 UTC